Co-CEO Anshu Jain of Deutsche Bank said investigations of wrongdoing further eroding public trust in financial markets.

Emerging markets cry foul over the continued inaction on 2010 reforms passed in the International Monetary Fund.

To protect itself from spy intrusions, Deutsche Telekom is instituting local routing of domestic traffic.

China had formally protested bilateral ties between the European Union and Taiwan. Beijing raised objections to the actions done by the European Parliament to build closer trade ties with Taiwan.

With Congress working feverishly, the current budget impasse and the debt ceiling may become an economic superstorm.

According to a Reuters report, world leaders should not ignore issues surrounding global economic security.

Tokyo Electric's debtors allow debt roll over for the stricken power utility firm. Twenty eight financial institutions, including Sumitomo Mitsui Banking Corp have agreed to roll nearly a JPY77 billion or USD783 million syndicated loan for Tokyo Electric Power Co due to become mature by month's end.

Discussions between US President Barack Obama and House Speaker John Boehner to finish the budget gridlock besetting the US government.

Bank of Canada Governor Stephen Poloz expressed disappointment as to the country's economic performance despite signs of regained momentum.

Jitendra Bhargava details the corruption and the mismanagement that led to the collapse of Air India.